Training: the key to converting knowledge into results
Henry Ford once remarked, “The only thing worse than training employees and having them leave is not training them and having them stay”. The rapid obsolescence of skills is a pressing concern for every HR department. As a result, organizations are increasingly investing in upskilling and reskilling programs to ensure their professionals stay updated and can tackle emerging challenges in a predominantly digital environment.
Training to foster and retain talent
In the book “The Deadly Sins of Employee Retention“, authors Mark Murphy and Andrea Burgio-Murphy discuss the alarming levels of burnout, the “Great Resignation”, and the widespread phenomenon of “Quit Quitting” experienced today. This has led to over half of professionals worldwide actively seeking new job opportunities.
The authors highlight the seven “deadly sins” that often drive employees away from an organization: low pay, lack of growth and development opportunities, weak or non-existent leadership, toxic work environments, absence of meaningful work or purpose, lack of feedback or recognition, and lack of clarity or direction.
The book provides strategies and solutions to help organizations retain their most valuable employees. One of these strategies is investing in training and skill development, which not only enhances operational performance but also boosts employee satisfaction and feelings of accomplishment. As a result, employee turnover decreases, and loyalty to the organization increases.
2023: The European Year of Skills
The European Commission believes it’s crucial to discuss and implement concrete measures to promote lifelong learning and the development of increasingly scarce soft and hard skills in the job market.
Some telling statistics include:
- 3/4 of organizations struggle to hire professionals with the desired skills;
- 4 out of 10 adults lack basic digital skills;
- only 37% of adults undergo regular training;
- only 1 in 6 IT specialists and 1 in 3 graduates in Science, Technology, Engineering, and Mathematics fields are women.
How software enhances training and skill development management
- Varied formats and resources: Interactive e-learning modules, video tutorials, virtual classes, quizzes, evaluation questionnaires, mentoring, or coaching sessions are some of the available learning possibilities. The software helps manage all training activities, such as program contents, trainers, trainees, enrollments, rooms, and necessary equipment, among others.
- Personalized learning: Training management systems allow employees the opportunity to learn according to personalized guidelines that meet their specific professional needs and/or personal preferences (pace and cadence of training, formats…).
- ROI overview: Solutions for tracking, measuring, and evaluating the progress of the trainee help employees and their managers to clearly understand, over time, the levels of skill acquisition and their practical application in the workplace. Besides engaging the trainees, this overview is very strategic for management to analyze the return on investment.
- Informed decisions: The systems and platforms that support the learning experience help professionals understand their strengths and areas with room for progression while also providing management with specific data to review individual goals, design career plans, or create other development opportunities within the organization.
- Change management training: While some employees may understand the benefits of introducing new systems, approaches, or practices that boost productivity and results, these changes imply an alteration in how all internal stakeholders act. It is important to develop training sessions where the benefits and how to operate with the new features are shared.
👉 E-book “5 Strategic Axes in HR Management driven Software”
👉Download our newest “People Management and Capacitation”
As part of this article, learn more about Quidgest’s solutions for the transversal and effective management of your organization’s Human Resources